2024 Mileage Rate Per Mile In India

2024 Mileage Rate Per Mile In India. The rate may also fluctuate. The rate at which employees are reimbursed is set by an official body, such as the irs in the usa or hmrc in the uk, and varies by country.


2024 Mileage Rate Per Mile In India

Effective january 1, 2024, the standard mileage rate for business vehicle use has increased to 67 cents per mile, up from the 2023 rate of 65.5 cents per mile.  โ€” from 1 september 2024, the advisory electric rate for fully electric cars will be 7 pence per mile.

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